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The Impact of the Proficiency of Knowledge on Value Creation Capabilities for B2B Firms: The Moderating Role of Market Sensing Competency

원문정보

Hyun Jung Lee, Jae H. Pae, Subin Im

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초록

영어

The extant literature emphasizes the importance of knowledge base management as a resource in building a firm’s capabilities. However, it does not provide sufficient empirical evidence on how knowledge base management creates customer value, especially for B2B firms. We propose and empirically test a conceptual model that examines how knowledge proficiency influences value creation capabilities, which eventually improve creativity of new product and marketing program. Further, this study explores the equivocal role of market sensing competency in explaining the link between knowledge proficiency and value creation capabilities. The survey results from B2B firms reveal that technological knowledge generally enhances two dimensions of value creation capabilities, new product development (NPD) and marketing capabilities. However, market knowledge does not necessarily improve these capabilities directly. Interestingly, we find that market sensing competency plays a pivotal moderating role in explaining the link between knowledge proficiency and value creation capabilities. This study contributes to the marketing strategy literature by exploring the relationships among proficiency of market and technological knowledge, value creation capabilities, and creativity, with market sensing competency as a crucial moderator.

목차

Abstract
 I. Introduction
 II. Theory and hypotheses
  2.1. Knowledge-based view
  2.2. Proficiency of market knowledge
  2.3. Proficiency of technological knowledge
  2.4. Market sensing competency as a moderator
  2.5. Value creation capabilities and creativity
 III. Research method
  3.1. Sample and data collection
  3.2. Measures
  3.3. Common method bias
 IV. Results
  4.1. Scale-reliability and convergent and discriminant validity
  4.2. Structural model estimation results: Main effects
  4.3. Regression analysis: Moderating effects
  4.4. Control variables and Creativity
 V. Discussion
  5.1. Theoretical implications
  5.2. Managerial implications
  5.3. Limitation and future research
 Reference

저자정보

  • Hyun Jung Lee Lecturer, School of Business, Ewha Womans University
  • Jae H. Pae Professor, School of Business, Ewha Womans University
  • Subin Im Associate Professor, School of Business, Yonsei University

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